REDISCOUNT


Meaning of REDISCOUNT in English

n.

Pronunciation: ( ˌ )r ē - ' dis- ˌ kau ̇ nt

Function: noun

Date: 1892

1 : the act or process of rediscounting

2 : negotiable paper that is rediscounted

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.